Do you own any micro-cap, high-dividend stocks? These stocks can be more volatile than their large-cap cousins, but sometimes they also can offer dynamic growth and a very attractive dividend yield. This stock yields 11.81%, with 1.19x distribution coverage in Q2 2016. It had record revenues, net income, EBITDA and distributable cash flow in Q2. It has one of the lowest price/book values of its peers.
Arc Logistics Partners LP (NYSE:ARCX) is a fee-based limited partnership. Its energy logistics assets consist of 21 terminals in 12 states located in the East Coast, Gulf Coast, Midwest, Rocky Mountains and West Coast regions of the US, with approximately 7.7 million barrels of crude oil and petroleum product storage capacity, four rail transloading facilities with approximately 126,000 barrel per day of throughput capacity, and the liquefied natural gas (LNG) interest in an LNG facility, which has 320,000 cubic meters of LNG storage, 1.5 billion cubic feet per day natural gas send-out capacity, and interconnects to natural gas pipeline networks. Arc Logistics GP LLC operates as a general partner of the company. Arc Logistics Partners LP was founded in 2007 and IPO'd in November 2013.
Source: Seeking Alpha
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High-Dividend Stock Yields 12%, Record Revenue, EBITDA And Cash Flow
Posted by D4L | Wednesday, October 19, 2016 | ArticleLinks | 0 comments »________________________________________________________________
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